Sierra Metals Inc (SMT) Given “Outperform” Rating at Scotiabank
Sierra Metals Inc (TSE:SMT)‘s stock had its “outperform” rating reissued by Scotiabank in a note issued to investors on Thursday. They currently have a C$4.00 target price on the mining company’s stock. Scotiabank’s target price would indicate a potential upside of 25.79% from the company’s previous close.
Separately, HC Wainwright restated a “buy” rating on shares of Sierra Metals in a report on Friday, September 8th.
Sierra Metals (SMT) traded up 0.95% during trading on Thursday, hitting $3.18. The stock had a trading volume of 2,700 shares. The stock’s market capitalization is $517.38 million. Sierra Metals has a 52 week low of $1.74 and a 52 week high of $3.75. The company has a 50-day moving average of $3.23 and a 200-day moving average of $3.27.
Sierra Metals Company Profile
Sierra Metals Inc is a Canada-based mining company. The Company is focused on the production, exploration and development of precious and base metals in Peru and Mexico. The Company’s segments are Peru and Mexico. It has over three producing mining properties. Its Peruvian Operation (Peru) includes the Yauricocha Mine, its near-mine concessions, and exploration and early-stage properties.
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